10 Stocks You Should Sell According to Motley Fool
In this article, we discuss 10 stocks you should sell according to Motley Fool. If you want to see some more stocks that were sold by the hedge fund, check out 5 Stocks You Should Sell According to Motley Fool.
Motley Fool Asset Management is a private investment adviser that manages a $1.5 billion portfolio for investors as of Q4 2021. The hedge fund is known for its six major exchange traded funds – Motley Fool 100 Index, Motley Fool Small Cap Growth ETF, Motley Fool Global Opportunities ETF, Motley Fool Mid Cap Growth ETF, Motley Fool Next Index ETF, and Motley Fool Capital Efficiency 100 Index ETF.
Bryan Hinmon was appointed as the chief investment officer of Motley Fool in 2017, and he serves as the senior portfolio manager as well. He also works as an analyst at Motley Fool Wealth Management, where he identifies and researches investments for the firm’s separately managed accounts. Prior to joining Motley Fool, he worked at Bulwark Capital Management as a portfolio manager, which is a hedge fund focused on long-term equity investing, option income, and special situations. Before that, Bryan Hinmon was a research analyst for an asset manager in Naples, operating a covered-call hedge fund.
Motley Fool invests primarily in the information technology, industrials, finance, healthcare, consumer discretionary, and communications sectors. Some of the most notable securities in the hedge fund’s Q4 portfolio were Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), and Amazon.com, Inc. (NASDAQ:AMZN). However, in this article our focus would be on the stocks which the fund either trimmed its stakes in or completely exited in the fourth quarter of 2021.
Our Methodology
We used Motley Fool’s Q4 2021 portfolio and selected the firms in which the fund trimmed or completely sold off a previously held position.
Stocks You Should Sell According to Motley Fool
10. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders: 72
Percentage Decrease in Stake in Q4: 100%
Intel Corporation (NASDAQ:INTC) is an American multinational technology corporation that specializes in semiconductors, computer hardware, autonomous cars, automation, and artificial intelligence.
Motley Fool held 99,991 shares of Intel Corporation (NASDAQ:INTC) in the third quarter of 2021, worth $5.3 million, representing 0.34% of the total 13F securities. In Q4 2021, Motley Fool discarded its Intel Corporation (NASDAQ:INTC) stake entirely.
On April 14, Intel Corporation (NASDAQ:INTC) declared a quarterly dividend of $0.365 per share, in line with previous. The dividend is payable on June 1, to shareholders of the company as of May 7. On April 27, Intel Corporation (NASDAQ:INTC) delivered a dividend yield of 3.20%.
Citi analyst Christopher Danely on April 13 reiterated a Neutral rating on Intel Corporation (NASDAQ:INTC) with a $55 price target. The analyst observed that Q1 notebook shipments were down 20% quarter-over-quarter, below Citi’s expectation of down 18%, due to ongoing component supply tightness, logistics constraints, and slow Chromebook demand. He views this as “another